Analyst Price Target is $12.13
▲ +36.54% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Novavax in the last 3 months. The average price target is $12.13, with a high forecast of $19.00 and a low forecast of $6.00. The average price target represents a 36.54% upside from the last price of $8.88.
Current Consensus is
Hold
The current consensus among 10 contributing investment analysts is to hold stock in Novavax. This Hold consensus rating has held steady for over two years.
Novavax, Inc., a biotechnology company, that promotes improved health by discovering, developing, and commercializing vaccines to protect against serious infectious diseases. It offers vaccine platform that combines a recombinant protein approach, nanoparticle technology, and its patented Matrix-M adjuvant to enhance the immune response. It focuses on urgent health challenges, which is evaluating vaccines for COVID-19, influenza, and COVID-19 influenza combination. The company is commercializing a COVID-19 vaccine, NVX-CoV2373 under the brand names of Nuvaxovid, Covovax, and Novavax COVID-19 Vaccine, adjuvanted for adult and adolescent populations as a primary series and for both homologous and heterologous booster indications. It is also developing R21/Matrix-M adjuvant malaria vaccine. Novavax, Inc. was incorporated in 1987 and is headquartered in Gaithersburg, Maryland.
Read More